The idea that house prices could fall seems farfetched for many of us, who have only ever seen the prices of our property rising.
But as those who remember the financial crisis can confirm, it can and does happen. Back then there were stories of negative equity, people who bought at the peak, and thanks to falling prices owed more than their property was worth. Could it happen again?
The cost of housing remains a major issue in the UK. For those who have already got on the property ladder, property, it is an apparently endless source of wealth – while for those who have not, it is a matter of frustration and misery.
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It’s easy enough to get market prices for equities and other investments. You can watch […]
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House prices have fallen for the last two months running, according to the UK’s largest […]
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Predicting what the future holds for UK housing is becoming complicated. On the one hand, […]
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